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Raft
Unlock Financial Freedom with Raft
Raft enables the generation of R, a leading decentralized USD stablecoin, by opening a CDP (collateralized debt position), or by depositing stablecoins into the Raft protocol reserve.
R is the most capital-efficient USD stablecoin backed by high quality collateral assets such as stETH (Lido Staked Ether) and rETH (Rocket Pool ETH) and reserve assets such as CHAI, the yield-bearing version of the DAI stablecoin. R aims to be the stablecoin of choice within the decentralized ecosystem, with deep liquidity across many trading pairs, a high yield, and a stable peg.
R aims to keep a tight and stable peg by means of the Peg Stability Module, contract that stabilizes the R price allowing users to trade it against reserve assets, such as DAI, at a fixed exchange rate.
Last modified 2mo ago